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Business News- Weapons makers Rolls-Royce and BAE Systems expect higher profits as defence spending surges – business live 30/07/2026Live, rolling coverage of business, economics and financial markets as investors buy UK defence stocks and await Bank of England interest rate decisionThe FTSE 100 is still defying the global equities gloom left after the Federal Reserve held interest rates steady (rather than raising them to forestall inflationary pressures). London’s blue-chip index is up 0.3%.That […]
- Shell’s profits more than double after jump in oil and gas prices 30/07/2026Environmental groups renew calls for windfall tax to support households following Q2 earnings rise to $9.84bn Shell more than doubled its profit in its second quarter of the year, as Europe’s biggest oil and gas company reaped the benefits from the jump in oil and gas prices triggered by war in the Middle East.The FTSE […]
- Carmakers ‘delaying investment in UK factories until EV sales rules relaxed’ 30/07/2026Industry wants mandate forcing manufacturers to sell increasing share of electric cars each year to be easedCarmakers are delaying final decisions to invest in UK factories until electric car sales rules are relaxed, according to the head of the British car industry’s lobby group.The chief executive of the Society of Motor Manufacturers and Traders (SMMT), […]
- Meta misses earnings forecasts after Zuckerberg media push to promote AI 29/07/2026Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AIMark Zuckerberg’s media spree touting the positive effects of artificial intelligence did little to cushion the blow of Meta’s second-quarter earnings, which sent its stock tumbling on Wednesday.In a Wall Street Journal op-ed published on Tuesday, the Meta chief executive […]
- Parliamentary watchdog decides against inquiry into £80,000 loan to Reform’s deputy leader 29/07/2026Richard Tice had been referred to standards commissioner over undeclared sum from Farage aide George CottrellParliament’s standards watchdog has declined to investigate a complaint made against Richard Tice over an undeclared loan of nearly £80,000 from Nigel Farage’s aide George Cottrell.The Liberal Democrats had referred Reform’s deputy leader to the parliamentary standards commissioner, which was […]
- Weapons makers Rolls-Royce and BAE Systems expect higher profits as defence spending surges – business live 30/07/2026